Check out market updates
Have you found your perfect piece of property? Convinced that this is one that is going to set you down the path towards financial freedom and real estate success? When you’re ready to start venturing down the investment path and you found your first property, here are a few steps that you should take immediately….
Large machinery and construction equipment has been spotted at the new site for the Detroit Red Wings arena. Work and breaking ground is expected to start in early April, in hopes of completion by the summer of 2017. While no specific date has been set for the beginning of construction, the $535 million arena and…
In May 2014, the Sequoia Property Partners purchased the CPA Building, located in the heart of Corktown, for $900,000. However, shortly after the building was acquired by Sequoia, the Detroit City Council ordered the company to demolish the historic landmark. Sequoia has different plans for the CPA building, and has already put forth a permanent…
Most expenses that come with real estate investment are fairly obvious to savvy investors. However, outside of property taxes, insurance costs, and utility upkeep, you may not be aware of the hidden costs that come with every rental home or apartment. We’ve complied a list of the most notable hidden expenses and fees, in order…
When it comes to Detroit real estate renovation, it is a rare find to acquire a building that has not only stood the test of time, but is still in relatively good shape. Additionally, what about those with unique features such as swimming pools? Many old buildings that had pool houses have been filled and…
We know this sounds like a crazy concept, but believe it or not, it is possible to over indulge and improve in a property that you have purchased. Whether you’re flipping or renting, the homes that are in the HGTV magazine are in there for a reason, and it’s not because they want you to…
In a perfect world, your tenants would pay you on time, never cause an issue in the house, your appliances would stay in pristine condition, and the world would keep turning on its’ happy little head. However, in Detroit, evictions and tenant removal is a serious and real issue. Making sure you are properly evicting…
As Detroit makes its’ way past the bankruptcy issues that plagued the city until recently, the efforts on blight have started to show true progress. The Detroit Blight Authority has set sights on Oakland County in just the past few months. The city of Pontiac has seen significant improvement from blight efforts, with over 300…
When you’re starting your real estate venture, it’s important to consider not only location for where your purchased home or property will be, but who you think would consider buying or renting out your home. If you’re looking to spruce things up and keep things modern, you may want to reconsider how to target towards…
As a real estate professional in Detroit, MI, money is often on your mind. What can I do to keep as much money as possible? How do I work around my taxes? Are there other options outside of placing it in a Swiss bank? Let’s go over a few ways you can properly and safely…